What 'Fiscal Cliff' Deal Would Do - and Not Do

The fiscal cliff deal passed by the Senate and under consideration in the House today is 48 pages of legislative legalese, but here are the key points of what is in the bill - and what is not in the bill.

Raise the income tax rate for individuals making $400,000 and couples earning $450,000 from 35 percent to 39.6 percent

Permanently extend Bush-era tax cuts for individuals making less than $400,000 annually